Pune, India -- (SBWire) -- 04/01/2020 --To prepare this Automotive Natural Gas Vehicle market research report, certain steps have been applied for collecting, recording and analysing the market data. The market analysis performed here supports to find out the general market conditions and tendencies. This Automotive Natural Gas Vehicle report also provides thorough investigation of current scenario of the universal market, which takes into account several market dynamics. The statistical and numerical data included in the report is interpreted with the utilization of established and advanced tools such as SWOT analysis and Porter's Five Forces Analysis. Tables, graphs and charts used in whole report gives clear and better understanding of facts and figures.
Global automotive natural gas vehicle market is set to witness a substantial CAGR forecast to 2026. Rising application of natural gas is the major factor for the growth of this market.
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Few of the major competitors currently working in the automotive natural gas vehicle market are
- Isuzu Motors,
- General Motors,
- Agility,
- AB Volvo,
- Daimler.,
- Foton Motor,
- Volkswagen AG,
- TOYOTA MOTOR CORPORATION,
- CNH Industrial N.V.,
- Clean Energy Fuels,
- Cummins Inc,
- PACCAR Inc.,
- Navistar, Inc,
- Quantum Fuel Systems LLC.,
- Westport Fuel Systems Inc.,
- Landi Renzo S.p.a,
- Westport, Caterpillar, amd others
Market Drivers:
Rising demand for cost- efficient fuel alternative is driving the growth of this market
Increasing concern for environmental security is another factor is driving the growth of this market
Market Restraints:
High price of the automotive natural gas vehicle is restraining the market growth
Lack of awareness about automotive natural gas vehicle among population is another important factor restraining the market growth
Market Segmentation
By Fuel Type (Compressed Natural Gas, Liquefied Natural Gas), Vehicle Type (Passenger, Commercial, Light-Duty & Heavy-Duty Buses and Trucks, Three-wheelers, Motorcycles, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Key Developments in the Market:
In March 2017, BP p.l.c have partnered with the Clean Energy so that together they can expand the capabilities of renewable natural gas transportation fueling. The BP will acquire the upstream RNG business so that they can support the firm's renewable natural gas business. The main aim is to meet the growing requirement of the renewable natural gas
In May 2017, Total announced that they have acquired PitPoint B.V. The main aim of the acquisition is to expand them in the natural gas vehicle fuel sector so that they can serve better service to the trucking and professional transporting industry. This is a part of the Total's strategy to enhance their low- carbon business by advancement and development in the natural gas
TABLE OF CONTENTS
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Automotive Natural Gas Vehicle Market, By Type
7 Automotive Natural Gas Vehicle Market, By Organization Size
8 Automotive Natural Gas Vehicle Market Analysis, By Region
9 Competitive Landscape
10 Company Profiles
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Automotive Natural Gas Vehicle Market 2020 Challenges, Trends and Key Driver Analysis: Isuzu Motors, General Motors, Agility, AB Volvo, Daimler., Foton Motor, Volkswagen
Data Bridge Market research has recently released expansive research on Global Automotive Natural Gas Vehicle Market with 100+ market data Tables, Pie Chart, Graphs & Figures spread through Pages and easy to understand detailed analysis. The report endows with wide-ranging statistical analysis of the market’s continuous developments, capacity, production, production value, cost/profit, supply/demand and import/export.